How Today’s 55 Community Prospects Are “Aging Unbound”

Each May since 1963, our nation has celebrated Older Americans Month (OAM) — a time to recognize and honor the important contributions and achievements of our older citizens. The theme of this year’s 60th anniversary OAM, “Aging Unbound,” acknowledges the value of maintaining as much independence and autonomy as possible, as well as the importance [...]

By |2023-06-02T12:02:49-04:00May 30th, 2023|

What The Best Life Plan Communities Have in Common

A continuing care retirement community (also called a life plan community or CCRC) is a unique type of 55 community that provides both independent living residences as well as a full continuum of care services, typically on-site, should a resident ever need it. If you decide that CCRC senior living is the right option for [...]

By |2023-05-15T16:40:29-04:00May 16th, 2023|

What Financial Advisors May Be Overlooking When Calculating CCRC Costs

Choosing the right life plan retirement community (i.e., continuing care retirement community or “CCRC”) is an important decision, impacting your quality of life and your finances. If you utilize the services of a financial advisor (FA), it’s likely you will seek their guidance in analyzing the potential impact of this move on your estate. The [...]

By |2024-03-06T21:50:17-05:00May 9th, 2023|

CCRC Residents Report Higher Wellness Levels Despite Pandemic

When looking at a research report about the senior living industry, it’s useful to examine the findings with a critical eye. Does the sample size provide valid results? Were there additional variables that could have impacted the findings? Does the control group offer a true apples-to-apples comparison? For research on humans, longitudinal studies with larger [...]

By |2023-08-05T16:28:50-04:00May 2nd, 2023|

Many Senior Living Residents Fared Better than Non-Residents During COVID

Do you remember what you were doing the last week of April in 2020? Odds are, you weren’t doing much of anything as the COVID-19 lockdown was in full force in numerous areas of our nation. It was a lonely time for many people as the social isolation intended to keep us safe wore on [...]

By |2024-06-22T09:17:00-04:00April 25th, 2023|

Senior Living ESG Initiatives Help Attract Today’s Prospects

Environmental, social, and governance (ESG) initiatives consider a company’s environmental sustainability measures, as well as the ethics of their business practices and policies. In the world of investing, it is an increasingly important yardstick with which investors select businesses to put their money in. The importance of ESG in the senior living industry also continues [...]

By |2023-08-05T18:05:16-04:00April 18th, 2023|

The Senior Loneliness Epidemic Continues Post-Pandemic

Although COVID may never be completely gone, many aspects of life have returned to our pre-pandemic “normal.” A recent poll shows that this normalcy includes levels of loneliness reported by seniors. Yet these latest statistics around senior loneliness are still nothing to celebrate, according to experts. Quantifying senior loneliness The January 2023 National Poll on [...]

By |2024-06-22T09:24:33-04:00April 10th, 2023|

Which Senior Living Community Is Right for You? Part 3: Entry Fee Retirement Communities

Last week, we delved into what characterizes an equity retirement community, as well as possible pros and cons of this senior living option. Prior to that, we examined the characteristics of a rental retirement community. In this third and final installment in our series on the different types of senior living communities, we take a [...]

By |2023-07-21T15:27:06-04:00March 28th, 2023|

Which Senior Living Community Is Right for You? Part 2: Equity Retirement Communities

In last week’s post, we explored the defining characteristics of a rental retirement community, as well as the potential pros and cons of choosing one. In this second installment in our series on the different types of senior living communities, we examine equity retirement communities, also referred to as ownership retirement communities, and what sets [...]

By |2023-07-21T15:25:27-04:00March 21st, 2023|

Which Senior Living Community Is Right for You? Part 1: Rental Retirement Communities

Most car owners know that there are pros and cons when it comes to buying versus leasing a car. The same is true for entry fee, equity, and rental retirement communities: Each senior living model has potential advantages and disadvantages for residents. In the coming weeks, we will take a closer look at each of [...]

By |2023-07-21T15:23:13-04:00March 14th, 2023|
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